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Forex Trend Analysis Report
Prepared for you on Tuesday, April 23, 2024.
Swedish Krona/Swiss Franc (FOREX:SEKCHF)
Sidelines Mode (-55) - SEKCHF is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SEKCHF?
MarketClub looks at technical strength and momentum to determine if the timing is right for SEKCHF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SEKCHF
The long-term trend has been DOWN since Apr 18th, 2024 at 8.19835
The intermediate-term trend has been DOWN since Mar 28th, 2024 at 8.44850
The short-term trend has been UP since Apr 21st, 2024 at 8.35350
Smart Scan Analysis for SEKCHF
Based on our trend formula, SEKCHF is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8.38430 | 8.43490 | 8.36650 | 8.43155 | +0.04725 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.38430 | 2024-04-23 15:03:46 |